Blackouts contributed to second-quarter economic contraction, Unreliable transport links also seen as constraint to growth
It was gathered that South Africa’s government is bracing for more frequent and longer electricity outages as the state-owned power utility’s aged and poorly maintained plants continue to Dysfunction.
The nation has been subjected to rolling blackouts, known locally as loadshedding, since 2008, with 4,000 megawatts of capacity currently being cut from the grid to ensure it doesn’t collapse. The ongoing energy shortages were a major contributor to the economy’s 0.7% contraction in the second quarter. Bloomberg reported
